5, PARK LANE, BEDHAMPTON, HAVANT, PO9 3HG - £224,950

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 PARK LANE is a very small detached house of 57m², built sometime between 1930 and 1949. It was last sold for £224,950 in July 2012, which was around 23% below the average July 2012 detached price in the Havant local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

5 PARK LANE Sold Prices

Land registry data shows two sales for 5 PARK LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Havant local authority area for the corresponding sale date. Both of the two 5 PARK LANE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2012 23 JUL	£224,950	£292,628	23% below HPI
2003 12 SEP	£134,000	£254,440	47% below HPI

5 PARK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Havant local authority area over time, sourced from the HPI. The two 5 PARK LANE sales from September 2003 and July 2012 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2003 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the July 2012 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 5 PARK LANE?

5 PARK LANE is 57m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 10% of detached houses in Havant, based on EPC data. The below chart shows the distribution of detached houses by size in Havant, and where 5 PARK LANE lies on this distribution: 1% of detached houses are smaller than 5 PARK LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Havant.

5 PARK LANE: Plot and Title Map

5 PARK LANE sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 5 PARK LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 5 PARK LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 5 PARK LANE?

5 PARK LANE is located in BEDHAMPTON, in the PO9 postcode district. The below map shows the position of No. 5 on PARK LANE.